Qatar Advances to 11th in World Competitiveness Rankings
- Publish date: Friday، 21 June 2024
The country also excels in infrastructure, ranking first in energy infrastructure and internet users per 1,000 people.
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Qatar has achieved stellar rankings in the 2024 World Competitiveness Booklet by the International Institute for Management Development (IMD). The country ranks 11th globally, up from 12th last year.
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Qatar’s economy tops the charts in government efficiency, with first-place positions in consumption and personal income tax rates, and second in public finance. In business efficiency, Qatar leads globally in corporate board effectiveness and migrant stock, and is second in working hours. The country also excels in infrastructure, ranking first in energy infrastructure and internet users per 1,000 people.
The report attributes Qatar’s rise to local improvements and positive feedback from business leaders. Notably, Qatar is fourth in economic performance, leading in unemployment and trade indices. This recognition underscores Qatar's commitment to global competitiveness and excellence.
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